$1,199,000
213 GRANDRAVINE DRIVE
Beds
5
Baths
4 full + 1 half
Sqft
—
Year
—
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (York University Heights). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Excellent Investment Opportunity in a Prime Location! Spacious and versatile detached home situated on a premium 65 x 125 ft corner lot. This property features three self-contained units, each with its own kitchen, washroom, and private entrance - ideal for investors or multi-generational living. Rental Income: Upper unit: $2,900 + 40% utilities Lower unit: $1,850 + 30% utilities Basement unit: $1,650 + 30% utilities. Property Features: 4 bedrooms + family room. 3 kitchens, 4 washrooms, 3 separate entrances. Finished basement with separate entrance, Wide corner lot with ample parking. Spacious, well-maintained layout. Location Highlights: Close to York University & Keele Subway Station. Easy access to Hwy 401, 404 & 400. Near schools, parks, shopping & everyday amenities. This high-demand location offers strong rental income potential, making it a perfect opportunity for investors or buyers seeking a flexible, income-generating property. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- York University Heights
- Common interest
- Freehold
- Lot dimensions
- 65 x 125 FT
- Bedrooms
- 4 above grade, 1 below grade
- Parking
- 7 total
- On market
- Apr 8, 2026
- Status changed
- Apr 23, 2026
- Annual tax
- $5,400
- Zoning
- Residential
- Photos
- 40
- MLS#
- W12972690
- Area
- TORONTO_(YORK_UNIVERSITY_HEIGHTS)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Flooring
Foundation
Lot
Cash on cash
-6.45%
Cap rate
3.57%
GRM
16.7
Break-even rent
$7,356
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.